Call reports 2008
BLUE RIDGE BANK — 2008
What BLUE RIDGE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 62,674,000 | 62,152,000 | 64,756,000 | 68,347,000 |
| Total loans | 31,350,000 | 34,066,000 | 36,562,000 | 39,119,000 |
| Allowance for loan losses | 179,000 | 177,000 | 165,000 | 242,000 |
| Securities available for sale | 25,232,000 | 23,346,000 | 22,091,000 | 23,257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 54,316,000 | 54,152,000 | 56,267,000 | 59,342,000 |
| Interest-bearing deposits | 36,344,000 | 36,527,000 | 38,857,000 | 42,980,000 |
| Noninterest-bearing deposits | 17,972,000 | 17,625,000 | 17,410,000 | 16,362,000 |
| Equity capital | 7,502,000 | 7,225,000 | 7,653,000 | 7,383,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 795,000 | 1,661,000 | 2,497,000 | 3,418,000 |
| Interest expense | 282,000 | 541,000 | 792,000 | 1,072,000 |
| Net interest income | 513,000 | 1,120,000 | 1,705,000 | 2,346,000 |
| Noninterest income | 128,000 | 268,000 | 430,000 | 590,000 |
| Noninterest expense | 505,000 | 1,031,000 | 1,514,000 | 2,088,000 |
| Provision for loan losses | 0 | 0 | 0 | 75,000 |
| Pretax income | 136,000 | 357,000 | 610,000 | 762,000 |
| Income tax | 29,000 | 128,000 | 229,000 | 273,000 |
| Net income | 107,000 | 229,000 | 381,000 | 489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,841,000 | 7,963,000 | 8,116,000 | 8,024,000 |
| Total capital | 8,020,000 | 8,140,000 | 8,281,000 | 8,266,000 |
| Risk-weighted assets | 28,776,000 | 30,768,000 | 32,896,000 | 34,247,000 |